The government of India created the Investor Education and Protection Fund (IEPF) to educate investors and safeguard them from losing control of their assets and stock. There are innumerable instances of investors failing to appoint a nominee for their shareholdings.
Unclaimed Dividends are dividends that have not been claimed by the shareholder. The company is required to keep records of these unclaimed dividends for at least six years from the date of payment.
Visit: https://infinysolutions.com/unclaimed-dividends-unclaimed-shares/
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